Adveith Nair

Business, Logistics, Top 50

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

A truck transport shipping containers at the Port of Durban. (Waldo Swiegers/Bloomberg News) Waldo Swiegers/Bloomberg News

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

Adveith Nair | Bloomberg News
July 8, 2021